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The differences between president/owners and store managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a president/owner and a store manager. Additionally, a president/owner has an average salary of $114,992, which is higher than the $46,950 average annual salary of a store manager.
The top three skills for a president/owner include financial statements, payroll and product development. The most important skills for a store manager are store management, retail store, and customer service.
| President/Owner | Store Manager | |
| Yearly salary | $114,992 | $46,950 |
| Hourly rate | $55.28 | $22.57 |
| Growth rate | 6% | 6% |
| Number of jobs | 83,314 | 446,127 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 48% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A President or Owner can have varying responsibilities depending on the organization or company that they operate. However, most of the time, they are the leaders who oversee the entire function and revenues in their business, including the hiring and management process. The President and Owner can also be the face of a company, often appearing to address and communicate to the public. Furthermore, they are responsible for implementing guidelines that would drive the company towards its vision and mission.
A store manager is responsible for monitoring the daily operations, making sure of its smooth and efficient performance with the best services provided to the customers. Store managers' duty also includes tracking the budget of the store to ensure that all expenses are meeting the sales goals. A store manager must also be able to plan and share strategies to boost sales performance and provide the needed support for the employees by communicating with them regularly, listening on suggestions, and taking necessary actions for complaints as required.
President/owners and store managers have different pay scales, as shown below.
| President/Owner | Store Manager | |
| Average salary | $114,992 | $46,950 |
| Salary range | Between $76,000 And $172,000 | Between $30,000 And $73,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Delaware |
| Best paying company | - | Meta |
| Best paying industry | - | Manufacturing |
There are a few differences between a president/owner and a store manager in terms of educational background:
| President/Owner | Store Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president/owners' and store managers' demographics:
| President/Owner | Store Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 75.8% Female, 24.2% | Male, 51.2% Female, 48.8% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |